Power Integrations Inc (POWI)

Debt-to-assets ratio

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 819,868 865,490 859,457 851,405 840,096 837,963 809,004 919,195 1,014,490 1,004,990 967,849 944,719 903,339 876,068 853,777 827,439 803,896 636,410 620,389 600,505
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $819,868K
= 0.00

Based on the data provided for Power Integrations Inc., the debt-to-assets ratio has consistently been reported as 0.00 across all quarters of the last two years. This suggests that the company has not utilized debt in financing its operations or growth activities, as the ratio indicates that there is no debt used to acquire assets. A debt-to-assets ratio of 0.00 typically indicates a company with a strong financial position and low financial risk. Power Integrations Inc. appears to have a conservative approach to capital structure by not relying on debt financing, which can be seen as a positive sign for investors and stakeholders concerned about the company's financial stability and ability to manage debt obligations.


Peer comparison

Dec 31, 2023